Black Money in India
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143 comments Page 7 of 15.
Himaja said:
7 years ago
Black money is money earned through illegal or legal source and not paying tax for that. So that revenue of the govt is decreasing as of that inflation occurs so that lower and middle class people suffers a lot. Because of black money rich becomes richer and poor becomes poorer, if every working individual pays tax India would be a leading country in the world where free and sophisticated education is given to everyone and poverty can be decreased to some extent.
(22)
Alveera Ansari said:
6 years ago
We all know that in India all rich people becomes richer day by day because they do not pay taxes and they do illegal works to earn more money. They want more money and to become more richer then they do illegal works.
When rich person will pay taxes on correct time then he will also help poor person. The reason is that the extra money of rich people will be use by poor people then poor people becomes financially good and also all taxes will pay by rich people.
When rich person will pay taxes on correct time then he will also help poor person. The reason is that the extra money of rich people will be use by poor people then poor people becomes financially good and also all taxes will pay by rich people.
(26)
Naitik Karkhur said:
4 years ago
Many people in our country find different types of tactics to save income tax. It's our moral duty to pay the taxes because we are citizen of this country. Without having money govt are unable to do the development work. Due the black money, govt have to rise the prices of the necessary good. Rising prices of essential goods, it effects the pocket of the middle class and lower class family. Due to rising prices, they are unable to full fill their basic needs.
(15)
Meer shahid said:
5 years ago
Hello everyone.
According to my ideology is to concerned,
Black money means to earn money in an illegal way that is black money.
In our country what is happening, the people from rich background they think we are the best nobody is above then them, in order to control this curb we must take a step towards this, we have to make everyone aware about this, example, educated person, illiterate person, and especially students because they are Nation builders.
According to my ideology is to concerned,
Black money means to earn money in an illegal way that is black money.
In our country what is happening, the people from rich background they think we are the best nobody is above then them, in order to control this curb we must take a step towards this, we have to make everyone aware about this, example, educated person, illiterate person, and especially students because they are Nation builders.
(5)
Kanak sharma said:
5 years ago
Hello friends.
According to my perception, black money is an illegal collection of wealth without paying taxes to the government. Now it is become a mammoth problem due to the mindset of people. It becomes very ridiculous.
How to reduce it.
A. government should be taken initiate with a visionary plane.
B. people should be aware of it.
C. start a campaign for provoked the people.
D. restriction should be enhanced for this type of flattery.
Thank you all.
According to my perception, black money is an illegal collection of wealth without paying taxes to the government. Now it is become a mammoth problem due to the mindset of people. It becomes very ridiculous.
How to reduce it.
A. government should be taken initiate with a visionary plane.
B. people should be aware of it.
C. start a campaign for provoked the people.
D. restriction should be enhanced for this type of flattery.
Thank you all.
(23)
Dnyaneshwar Doke said:
4 years ago
Hello everybody,
Black money is the main component of corruption. It is created or produced by every black business. It creates poverty in the country. It also causes poor people to become more poor and rich people gets richer.
It's a too terrible thing for individuals who work with their honesty.
A few years back after demonetization there lots of black money was caught through various ways. This will be one of the ways to reduce black money collection.
Black money is the main component of corruption. It is created or produced by every black business. It creates poverty in the country. It also causes poor people to become more poor and rich people gets richer.
It's a too terrible thing for individuals who work with their honesty.
A few years back after demonetization there lots of black money was caught through various ways. This will be one of the ways to reduce black money collection.
(15)
Palanisamy J said:
3 years ago
The hidden huge amount of money is always impacting negatively on our entire economy.
Indian govt, therefore, must check to it, further growth of it.
Indian political system helps to The Black money holders at all levels and categories. Here the best and only way is Our Appellate Judiciary Must interfere through DPSP Of our constitution to curb and release the enormous currency back to India.
It's really possible to complete the process in time.
Thanks.
Indian govt, therefore, must check to it, further growth of it.
Indian political system helps to The Black money holders at all levels and categories. Here the best and only way is Our Appellate Judiciary Must interfere through DPSP Of our constitution to curb and release the enormous currency back to India.
It's really possible to complete the process in time.
Thanks.
(14)
Sonu said:
7 years ago
I agree, for the existence of black money there is a major contribution of politicians and big industrialists.
The central government gives money to them for development of undeveloped areas or areas which need to develop but this middle person i.e. politicians and their contractors grab a large amount of money for their sake. Remaining little bit is given to work to display the place like developed.
Later their grabbed money becomes their black money.
The central government gives money to them for development of undeveloped areas or areas which need to develop but this middle person i.e. politicians and their contractors grab a large amount of money for their sake. Remaining little bit is given to work to display the place like developed.
Later their grabbed money becomes their black money.
(16)
Sourabh said:
7 years ago
In my opinion, black money is basically rich people don't pay taxes on time and also hides a huge amount in their houses and also some people hide their money in foreign countries. The government don't get taxes on time so it increases the cost of needy things and poor people have to suffer. The government need taxes for the repair of roads and streets and for development of India. So people have to submit their taxes on time so that no can suffer.
(40)
Asha Devisetty said:
7 years ago
Due to our support only politicans are becoming illegal in our country. If politicians are corrupting our country, we simply watching. Not even any person ready to take stand because we only electing the person for every 5 years. How many passed India became only developing country. Without food so many people are servering but our Indian politicians are not ready to support our society they just need money not humanity. So, India has black money.
(10)
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